Kount™, a leading fraud prevention solution, was honored at the 2019 CNP
Expo with both the Judges Choice award and the Customer Choice award in
the Antifraud Solution category. Kount has won a CNP Award for an
unprecedented eight consecutive years, and this year the company swept
the Antifraud category. Both the five-judge panel and the online vote of
customers named Kount the Best Antifraud Solution in 2019.
Presented at the CNP Expo in San Francisco, the CNP Awards are focused
on recognizing those companies that distinguished themselves in the
card-not-present space. Kount has earned a Customer Choice award every
year since the inaugural event in 2012, underscoring the company’s
leadership role in stopping fraud while enabling businesses to deliver
a frictionless experience to legitimate customers.
Through its unique combination of supervised and unsupervised machine
learning, global network of transaction and identity data, control
center, and self-service analytics, Kount empowers businesses to protect
against payments fraud, account takeover, and new account creation fraud.
“We are delighted to take home both the Judges Choice and Customer
Choice awards this year,” said Brad Wiskirchen, CEO of Kount. “We take
great pride in protecting more than 6,500 global brands against
fraudulent transactions and helping them grow revenue, and this award is
testament to the passion, commitment, and hard work of our entire
organization.”
Kount was honored for its Kount Complete solution, which was updated in
2018 to include new supervised machine learning enhancements. Kount
technology is designed specifically to weigh the risk of fraud against
the lifetime value of the customer.
Kount collects raw data points and converts them into over 100
identifiers. Interactions are compared to 100 million historical
records, with results being pushed through more than 250 statistical
models. As patterns emerge, Kount generates a safety score, allowing
customers to accept more good orders. This functionality adds no time to
the review process, maintaining Kount’s response time of less than 250
milliseconds.
Kount’s customers, which include digital businesses, merchants, banks,
and payment service providers, can use Kount’s wide breadth of solutions
to give them confidence with every digital interaction whether online,
on mobile, or through a mobile application.
About Kount
Kount is voted the Top Antifraud Solution of 2019, according to
customers and judges at CNP Expo. Kount’s digital fraud prevention
solutions are used by 6,500 brands globally, helping them to reach their
digital innovation goals. Kount’s patented technology combines device
fingerprinting, supervised and unsupervised machine learning, a robust
policy and rules engine, self-service analytics, and a web-based
case-management and investigation system. Kount’s solutions stop fraud
and increase revenue for digital businesses, acquiring banks, and
payment service providers. www.kount.com
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